Earnings ·
Centerra Gold reports Q3 net earnings of $88.7M, lowers Mount Milligan AISC guidance to $1,100-$1,200/oz
CGAUCenterra Gold Inc.
Centerra Gold reported third-quarter 2026 net earnings of $88.7 million, or $0.46 per share, driven by strong copper by-product credits that enabled the company to lower its full-year all-in sustaining costs (AISC) on a by-product basis guidance at Mount Milligan from $1,200-$1,300 to $1,100-$1,200 per ounce. Consolidated gold production reached 75,429 ounces and copper sales were 13.2 million pounds. The company also announced a record quarterly share buyback of $53.0 million for 2,584,600 shares and declared a C$0.07 per share dividend. Centerra Gold Inc. is a Canadian-based gold and copper producer and developer operating mines in Canada and Turkey.